What's going on with the audio market?


Recent retail sales reports are very bad and I am hearing that sales for audio equipment have been nonexistent over the past few months.  I also see more dealers putting items up for sale here and on other outlets.  Even items that have traditionally sold quickly here are expiring without being sold. 

To what would you attribute the slowdown?  Have you changed your buying habits for audio equipment and, if so, why? 
theothergreg

Showing 1 response by muzikat

I am almost 62. Started listening to records at about 7, my Mom's stuff from the 50's. When the rock revolution Beatles/British invasion hit it was all it took to get me hooked for life.
Bought my first (for the time I thought it was) high end stuff at 19. Marantz 2270/Advent speakers/Pioneer then Technics turntable. that was about 1974. Everybody had a decent stereo in their apt back then. Fast forward to the 90s (same system til about 1993-1994). Sold it including selling off all my records and analog gear, and started playing around with newer stuff, CD players.
1996 I bought a Rega turntable and some Linn amps/speakers...well since it has been a crazy money pit that has had me try more gear, and collect more records, than any human reasonably should. I have come to realize one thing, even though it helps, it doesn't take a lot of money to enjoy good music.
This rambling brings me to the point. As I sit here writing this I am listening to Pandora from my ipad through a Marantz NA 11s1, sounds great. Since Tidal, Spotify, Pandora, etc can be played anywhere through many devices that is the way I go most of the time. I can enjoy a Logitech UE Boom, or Bose Minilink as well...anywhere.
I think the younger generation embrace this and are happy with these kind of devices. My daughter and son love music and know a lot of stuff covering many decades, they even have turntables thanks to me. However it is not their focus to have the best reproduction gear. They just love music. The music industry seems to be thriving, just not the gear business.
So I have amps turntables, CD players, tuners and now network servers in many rooms and even at my office and in storage. I keep meaning to list some for sale as I don't need it all moving forward, but as you stated, the used market is not what it was.